Florida City is the southernmost town in Miami-Dade. It was incorporated in 1914 and currently holds a population of 11.977 as of 2013. It is the southernmost town in the U.S. that is not on the island and the last city south of Miami-Dade. Florida City is where the Florida Turnpike ends, and it borders the Everglades. You can find the Last Stop saloon here before the islands start as well as a Florida Pioneer Museum.
Florida City is mostly agricultural, but you can grasp some sporadic deals here. The deals here abound; out of the only 20 single family listings, you can see a 3/2 house for only $89,000. The most expensive house is a 5,162 SQFT little castle for $276,000 with 6 bedrooms and 4 bathrooms built in 1953 with indoor pool and 3 car garage.
The condos in this town are represented mostly by townhomes that range from $129,000 to $139,000 and vary in sizes from 1,300 to 1,700 SQFT and up. All offered (which are only four) are strong rentals that bring minimum $1,300 per month for the cheapest one.
Florida City is definitely undervalued, and for an investor seeking to capitalize on great deals, it is a fertile ground.
Zip code: 33034